Tag: MOMAN
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No hike in petrol price for now – Marketers
Major Oil Marketers Association of Nigeria (MOMAN) and Independent Petroleum Marketers Association of Nigeria (IPMAN) say there is no hike in the pump price of Premium Motor Spirit (PMS) or petrol. The groups confirmed the development in separate interviews on Friday in Lagos while reacting to reports that the price of PMS has been increased…
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MOMAN, Other Downstream Players Hail FG, Pledge Support for Deregulation
Stakeholders in the Downstream Sector of the Nigerian Oil and Gas Industry, including the Major Oil Marketers Association of Nigeria (MOMAN), have lauded the Federal Government for the courage to tackle the challenges in the Downstream Sector frontally. A press release by the Corporation’s spokesman, Dr. Kennie Obateru, stated that the stakeholders gave the commendation…
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Marketers react as PPMC fixes ex-depot price of petrol at N138.62 per litre
…MOMAN Chairman says pump price of petrol could go as high as N151 per litre The Major Oil Marketers Association of Nigeria (MOMAN) has said Nigeria is gradually heading towards full deregulation of the Premium Motor Spirit (PMS), which will enable pump price to be determined by market forces. Mr Tunji Oyebanji, Chairman, MOMAN, disclosed…
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Fuel crisis looms as marketers write Senate over N800b subsidy debts
As Nigeria nears the yuletide, the nation may suffer yet another fuel supply crisis as oil marketers have written Senate Committee on Petroleum Downstream over non-payment of subsidy arrears by the federal government. TheNewsGuru (TNG) reports the oil marketers had on Sunday in Lagos gave the FG a seven-day ultimatum to settle outstanding debts totaling…
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N800b subsidy debts: Oil marketers give FG 7-day ultimatum to pay cash
Oil marketers on Sunday in Lagos gave the Federal Government seven-day ultimatum to settle outstanding debts totalling N800 billion, failing which depots would cease operation across the country. The marketers, comprising Major Oil Marketers Association of Nigeria (MOMAN), Depot and Petroleum Products Marketers Association (DAPPMA) and Independent Petroleum Products Importers (IPPIs), said failure to meet…
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N800bn subsidy debts: Oil marketers lament
Oil marketers on Sunday appealed to Federal Government to effect quick payment of its outstanding N800 billion subsidy debts. The marketers, under the aegis of Major Oil Marketers Association of Nigeria (MOMAN) and Depot and Petroleum Products Marketers Association (DAPPMA), made the appeal in a joint interactive session with journalists in Lagos. They urged government…